{
  "url": "https://blockindex.ai/coin/ausd",
  "name": "Agora Finance AUSD",
  "links": {
    "github": null,
    "website": "https://coinmarketcap.com/currencies/agora-finance/",
    "whitepaper": null
  },
  "dScore": 32,
  "market": {
    "priceUsd": 0.9998819105580937,
    "marketCapUsd": 134855905.384654,
    "volume24hUsd": 6133082.1223299,
    "priceChange7dPct": 0.01531553,
    "priceChange24hPct": 0.03603596
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 134871832.324062,
    "circulatingPct": null
  },
  "ticker": "AUSD",
  "founder": "Nick van Eck; Drake Evans; Joe McGrady; Tony Zhao (possible)",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:33.400126+00:00",
  "fairLaunch": false,
  "launchYear": null,
  "description": "Agora Finance's AUSD is presented in the supplied materials as a USD-backed on-chain stablecoin issued as an Ethereum token and engineered to maintain a one-to-one peg with the US dollar. The project is framed with an institutional orientation: the token is described as being safeguarded by “one of the world’s largest custodian banks,” and the white-space around its product positioning emphasizes custody-grade reserves, compliance-minded infrastructure, and integrations into DeFi primitives. In the provided sources AUSD is positioned primarily as a medium of exchange and settlement layer for on-chain payments, trading and lending, while also being suggested as an underpinning for tokenized real-world assets and NFT transactions. The materials further reference governance-related initiatives (a forthcoming governance token, VOTE) and a planned native utility token ($AGA), indicating that the team envisions a broader ecosystem beyond the stablecoin itself.\n\nTechnically, AUSD is described as an Ethereum-based ERC-20 token with a gas-optimized smart contract intended to lower transaction costs for common flows such as payments and DeFi interactions. The sources include a DEX-mode link and a contract reference, which confirm the token’s parent chain as Ethereum; chain-level attributes such as consensus and block timing are therefore inherited from Ethereum (post-Merge Proof of Stake) rather than being native to AUSD itself. The documentation in the supplied extracts does not include lower-level developer resources, GitHub repositories, or explicit audit reports, and it omits several precise operational details commonly sought by technical auditors—contract decimals, full token distribution schedules, the precise legal structuring of custodial reserves, and redemption mechanics were not provided in the available material.\n\nFrom an economic standpoint, the supplied market snapshot shows AUSD maintaining near-peg behavior with on-chain and market metrics: circulating supply and total supply are reported at 193.78M AUSD, market capitalization at roughly $193.74M, and a spot price near $0.9998. Trading activity at the snapshot indicates meaningful liquidity (24h volume ~ $30.27M). Historical price volatility is noted in the dataset: an all-time low of $0.8709 on 2024-08-13 and an all-time high of $1.07 on 2025-01-29 are recorded in the CoinMarketCap snapshot included in the sources, showing that while AUSD is generally pegged to USD it has experienced measurable deviations. The documentation supplied does not detail mint/redemption mechanics, reserve attestations, or frequency of attestations; those items would be material for assessing peg security and counterparty risk.\n\nGovernance and organizational information in the provided extracts are partial. Founders listed include Nick van Eck (primary founder) with co-founders Drake Evans and Joe McGrady; Tony Zhao is noted as a potential founder in some source fragments. The material describes Agora as a “multifaceted financial infrastructure company,” which supports the interpretation that AUSD is company-managed rather than a community fair-launch. References to a VOTE token and “secure digital voting” suggest governance tooling is planned or in development, but the sources do not describe a formal on-chain DAO, token-weighted governance parameters, or treasury mechanics. Similarly, while the materials mention institutional custody and custody partnerships, no formal VC funding announcements, Series rounds, or named investor firms are provided. Given these gaps, a prudent next step for rigorous due diligence would be to obtain official documentation on custody arrangements, reserve attestations, the full deployed contract metadata (decimals and ABI), audit reports, and any legal entities or registrations associated with Agora Finance.\n\nIn sum, the evidence available portrays AUSD as an institutional-minded, custodian-backed ERC-20 stablecoin designed for efficient on-chain use. Market-level metrics indicate real usage and liquidity, but critical operational and transparency details (audit attestations, redemption mechanics, exact token distribution, and legal/regulatory documentation) are not present in the supplied extracts. These omissions are material to custodial- and institutional-grade risk assessments and should be remedied by reviewing the official Agora documentation, on-chain activity and attestations, and any external audits or regulatory filings.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 7,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}